3950 Forest Trail Drive
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Feb 4, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by RE/MAX Preferred Properties Pigeon Forge | $599,900 | |
| Listed by RE/MAX Preferred Properties Pigeon Forge | |||
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OFF THE BEATEN PATH....PRIVATE 10.98 ACRE RETREAT IN A WOODED / PARKLIKE SETTING IS MOVE IN READY! ATTENTION TO DETAIL HAS BEEN GIVEN TO EVERYTHING THIS BEAUTIFUL 2,336 SQ FT HOME AND PROPERTY HAS TO OFFER....FROM THE MOMENT YOU PULL IN THE DRIVEWAY YOU WILL START TO
R E L A X! YOU WILL NOTICE THE EXTENSIVE PROFESSIONAL LANDSCAPING - AN ABUNDANCE OF BLUE SPRUCE, RHODENDRON, MOUNTAIN LAUREL, HOSTAS, FERNS, BEAUTIFUL HARDWOODS, HUGE LANDSCAPING ROCKS,MOUNTAIN STONE, AND A MOUNTAIN STONE WALKWAY WHAT LEADS TO A HUGE COVERED FRONT PORCH, INSIDE TO A MASSIVE FOYER, WORK OUT ROOM WITH ENDLESS POSSIBILITES - WOULD MAKE A GREAT AT HOME OFFICE OR FORMAL DINING ROOM, OPEN LIVING AREA WITH A WOOD BURNING STOVE AND BEAUTIFUL STONE WALL,DINING AREA, A CHEF'S DREAM WOULD BEST DESCRIBE THE KITCHEN THAT IS EQUIPED WITH A ZLINE COMMERCIAL GRADE GAS RANGE, 2 OVENS, OAK BUTCHER BLOCK ISLAND, COPPER FARMHOUSE SINK, PRIMARY EN SUITE WITH WALK IN SHOWER, JETTED TUB,DUAL VANITIES, WALK IN CLOSET, 2ND BED AND BATH ARE THE SPLIT PLAN, 3RD BEDROOM HAS BEEN CONVERTED INTO AN EXTRA LARGE WALK IN CLOSET ($15,000 CLOSET SYSTEM) BUT COULD EASILY BE CONVERTED BACK TO A 3RD BEDROOM IF NEEDED, HUGE DEN, LAUNDRY ROOM / 1/2 BATH , 9' CEILINGS WITH EXPOSED OAK BEAMS, OUTSIDE TO ENJOY NATURE AND WILDLIFE AT ITS BEST - SCREENED PORCH WITH GAS LINE, STONE PATIO WITH FIRE PIT, YEAR ROUND STREAM,ALL WITH BEAUTIFUL WOODED BACKDROP, DETACHED GARAGE WITH WORKSHOP AREA, 2 OUTBUILDINGS, 12 CHORD WOODSHED, FENCED PET AREA,GARDEN BOXESTO MAKE GARDENING EASIER, GENERAC WHOLE HOUSE GENERATOR THAT SERVES THE HOME AS WELL AS OUTBUILDINGS AND GARAGE , UNDERGROUND UTILITIES, 2 PARCELS OF LAND 5.98 ACRES AND 5 ADDITIONAL ACRES = 10.98 ACRES, UNRESTRICTED, ZONED A 1, SHORT TERM RENTALS ALLOWED, LOW MAINTENCE YARD - NO MOWING, SOOOO MANY EXTRAS - AQUACLEAR WATER SYSTEM, OUTDOOR LIGHTING, ETC. PLEASE NOTE: OWNER HAS OVER $800,000. INVESTED IN THIS PROPERTY BUT HAS DECIDED TO RETIRE AND MOVE CLOSE TO FAMILY - PRICED TO SELL AT $599,900! MUST SEE TO APPRECIATE WHAT IS BEING OFFERED. PLEASE SEE VIDEO.
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| Jun 20, 2024 | Listed by Century 21 MVP | $799,000 | |
| Listed by Century 21 MVP | |||
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Ten Acre Nature Preserve on Mountain Stream in the Foothills of the Great Smoky Mountains! Just around the corner from where Dolly Parton grew up; this is a true ''getaway'' - on the backside of Cobbly Nob, you are minutes from the National Park. Three bedrooms, three baths, 2,336 sqft- open floor plan, spacious front porch with 5 ceiling fans, large screened in porch with gas grill on its own underground gas line, this serene porch overlooks the Mtn. stream, and natural rock patio, you can meander down to the water along flagstone walkways, the stream rocks-cape is anchored by a fire pit- the perfect place for a hammock and a Sunday afternoon nap! Raised flower & vegetable beds, large fenced in area for dogs to romp just off the back stone outdoor sitting area. Underground utilities, extensively landscaped with Blue Spruce, Rhododendron, Mountain Laurel, Hostas and ferns- it is truly your own nature park! Landscape lights make it enjoyable late into the evening. Many Amish built out buildings and a huge firewood shed to feed the living room wood stove as well as a Generac home generator. The spacious home has many special upgrades, the kitchen is open with an oak butcher block island, copper farm sink and Zline gas stove with 6 units, a warming place and two ovens, 9' ceiling throughout with oak beams in the great room, French doors and curved moldings give it a light and airy feeling, the master has a private spacious bath with shower and jetted tub and his and her vanities. A peaceful house is nested in the gently sloping woods and surrounded by acreage. This property includes 2 parcels, lot 2 & 3, the main house is on lot 2,and is 5.98 acres and the other parcel is 5 acres. It is possible to build other houses on this acreage it is unrestricted. If your secret dream was to be a park-ranger and live in the park- you need to view this property!
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| Oct 13, 2023 | Listed by eXp Realty | $975,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017